The Nigerian equities maintained the bullish run, as the benchmark index up 0.47% to settle at 104,007.36 points. Sustained interest in telco heavyweight, MTNN (+2.26%), TRANSPOWER (+0.58%), and GTCO (+3.26%), offsetting selloffs in FBNH (-1.32%), TRANSCORP (-2.94%) and NB (-0.51%), keeping the market in the green. The year-to-date (YTD) return rose to 39.10%, while market capitalisation gained ₦273.12bn to close at ₦58.81trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 35.93%. A total of 326.95m shares valued at ₦9.12bn were exchanged in 9,570 deals. TRANSCORP (-2.94%) led the volume chart with 38.95m units traded, while NESTLE (+0.00%) led the value chat with deals worth ₦1.50bn.
Market breadth closed positive at a 1.41-to-1 ratio with advancing issues outnumbering the declining ones. ETI(+10.00%) topped thirty (30) others on the leader’s table while SKYAVN (-10.00%) led twenty-one (21) others on the laggard’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 104,007.36 | 0.47 | 39.10 |
| Market Cap. (₦ ‘trillion) | 58.81 | 0.47 | 43.72 |
| Volume (millions) | 326.95 | -42.21 | |
| Value (₦ ‘billion) | 9.12 | -35.93 |
Dividend information
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| GEREGU | ₦8.00 | 28-Feb-24 | 28-Mar-24 |
| VITAFOAM | ₦1.56 | 13-Feb-24 | 7-Mar-24 |
| SEPLAT ENERGY | $0.03 (Q3 INTERIM) | 13-Nov-23 | 24-Nov-23 |
| ACCESSCORP | ₦0.30 (interim) | 6-Oct-23 | 19-Oct-23 |
| UBA | ₦0.50 (interim) | 27-Sep-23 | 6-Oct-23 |
| ZENITHBANK | ₦0.50 (interim) | 25-Sep-23 | 29-Sep-23 |
| STANBIC | N1.50 (interim) | 13-Sep-23 | 27-Sep-23 |
| GTCO | ₦0.50 (interim) | 15-Sep-23 | 25-Sep-23 |
| FIDELITYBK | N 0.25 (interim) | 15-Sep-23 | 22-Sep-23 |
| CUSTODIAN | ₦0.15 (interim) | 21-Aug-23 | 5-Sep-23 |
| SEPLAT ENERGY | 3 US CENTS (interim) | 18-Aug-23 | 30-Aug-23 |
| MTNN | ₦5.60 (interim) | 17-Aug-23 | 24-Aug-23 |
| NGXGROUP | ₦0.25 | 31-Jul-23 | 31-Aug-23 |
| BUACEMENT | ₦2.80 | 14-Aug-23 | 24-Aug-23 |
| FBNH | ₦0.50 | 9-Aug-23 | 16-Aug-23 |
| AIRTELAFRI | 3.27 | 22-Jun-23 | 26-Jul-23 |
| TOTAL | ₦21.00 | 26-Apr-23 | 2-Jun-23 |
| NESTLE | ₦36.50 | 24-Apr-23 | 18-May-23 |
| WAPCO | ₦2.00 | 11-Apr-23 | 28-Apr-23 |
| NB | ₦1.03 | 17-Mar-23 | 26-Apr-23 |
| DANGCEM | ₦20.00 | 31-Mar-23 | 24-Apr-23 |
Source: Coronation
